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Monthly Archives: July 2024

US Court Overturns Alaska Oil Lease Sale

A federal court in Alaska overturned on Tuesday night an oil and gas lease sale that had been mandated by the Biden administration's signature climate law as part of a political compromise, on grounds that the U.S. government violated the law…
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OceanPal to Acquire an MR2 Tanker Vessel

OceanPal on Tuesday announced it has signed a memorandum of understanding to acquire a 2009-built MR2 tanker vessel for $27 million, marking the Greek dry bulk shipowner's entry into the tanker market.The 49,999 dwt vessel, Zeze Start, is being…
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Mack Boring Parts Ways with OXE Diesel

Somerset, N.J. based Mack Boring & Parts Co. on Tuesday announced it has discontinued its representation of OXE Marine diesel engines effective immediately.Mack Boring was an early investor in the OXE brand, originally signing on as a distributor…
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Crew of Capsized Oil Tanker Off Oman Still Missing

The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country's maritime security center said on Tuesday, a day after the sinking was reported.The crew of "Prestige Falcon" comprised 13 Indian nationals and th...
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Newport Shipping Partners with Unithai Shipyard

Newport Shipping announced a strategic partnership with Unithai Shipyard and Engineering in Thailand. Unithai Shipyard and Engineering is known for its advanced facilities and technical capabilities, including:Land area 688,000 m2Unithai 2 191 x 34.4 m...
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Damen Hooks Another CSOV Order from Taiwanese Firm

Dutch shipbuilder Damen has signed a deal with Ta San Shang Marine (TSSM) for the construction of the second commissioning service operation vessel (CSOV) for Taiwanese offshore wind operations.TSSM, the joint venture between Mitsui O.S.K. Lines (MOL) ...
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